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EUCLID, Ohio, May possibly 20, 2021 (Globe NEWSWIRE) — The US Lights Team, Inc. (OTC:USLG) introduced right now that the corporation intends to type a new division, RVtronix, to style and design, manufacture, and distribute RV Electronics and fiberglass solutions to the RV Business. The formation of the new division, RVtronix, will come on the heels of the sale of Intellitronix, a producer of automotive aftermarket gauges.
“The US Lights Team is excited to announce yet another section of its 2021 Strategic Business Program to utilize our electronics know how and knowledge to increase our expansion probable into the significantly larger sized RV current market. By forming RVtronix, we intend to file for US and Intercontinental patents and launch a line of RV AC/DC ability middle with an built-in electricity administration load shedder procedure for leisure motor vehicles. It is the ultimate technique for preserving electric power and balancing equipment use with source administration. We have several other electronic items that are presently in the queue. With the new product line of RV Electronics items, we will get to a broader market place of B2B customers,” explained Paul Spivak, CEO of the US Lights Group.
Mr. Spivak proceeds, “There are additional electronics items that are at the moment in growth for the RV marketplace as very well. Increasing the US Lighting Group to include things like RVtronix will have beneficial rewards for the US Lights Group shareholders and allow for the business to grow our place in the RV market.”
World-wide leisure car (RV) sector was believed at USD 51 billion in 2019 and is predicted to access USD 77 billion by 2026. The international RV marketplace is predicted to expand at a compound once-a-year progress price (CAGR) of 6% from 2020 to 2027. The recreational autos markets in the US and Europe are predicted to witness speedy development because of to rising integration of highly developed systems in RVs.
About U.S. Lights Team, Inc.
US Lights Group (OTC:USLG) is a holding business that now is composed of Cortes Campers, a innovative company of leisure vehicles using vacuum infusion and the maximum high quality maritime resources to produce lighter pounds, much better, and more resilient RV travel trailers and campers. Fusion X Marine is boat company and franchisor that is in the system of advertising throughout the world mini powerboat rental franchises to fill an untapped specialized niche. Futuro Houses plans to manufacture composite off grid residences for the very small house industry. The organizations have producing and R&D services in Cleveland, Ohio. All divisions are in the process of placing up throughout the world unique territory product sales distribution networks. uslightinggroup.com
Forward-On the lookout Statements
Statements bundled in this push release, other than statements of historic fact, are forward-wanting statements manufactured in reliance upon the safe harbor provisions of Segment 27A of the Securities Act of 1933 and Area 21E of the Securities Trade Act of 1934. Forward-on the lookout statements are commonly, but not normally, determined by the terms: think, expect, foresee, intend, estimate, and identical expressions or which by their nature refer to foreseeable future activities. While the Enterprise believes that the anticipations mirrored in these forward-on the lookout statements are acceptable, it can give no assurance that these expectations will establish to have been suitable. Precise outcomes may differ materially from these indicated by these statements.
Make contact with
US Lights Team
1148 East 222nd Street
Euclid, OH 44117 Usa
T: +1 216.896.7000